In the world of gaming, anyone who loves to play has always seen it as a means of entertainment or even a personal challenge, but with the emergence of Play to Earn (P2E) games, playing has become more than just fun, it has become an investment! Many people entered the field with enthusiasm, and some saw it as a golden opportunity, but the question that began to be repeated: Is this momentum continuing or has it reached its peak and started to decline?
The explosion of the idea and its spread
When blockchain games began to gain fame, everyone was talking about huge profits from just playing, and this made the field ignite. Games that depend on NFTs such as Axie Infinity were a clear example, and people began to enter to win, not just play. Websites and social media became full of ways to invest in these games, and many saw it as a new door to easy money.
Not all that glitters is gold!
Over time, the dark side began to appear.. Not every P2E game remains profitable, and many games were built on a weak economic model, to the point that some projects collapsed, and players who entered late lost their money. Some games were more like Ponzi schemes, and people started to be more cautious before entering any new game.
Challenges facing the field
The field is currently facing major challenges, the most important of which is that most games are not really fun, meaning people play to win, not for fun, and this makes the player leave the game as soon as the profits decrease. Also, with the increase in competition, the market has become full of weak projects, so the subject is no longer as easy as before.
Are there still opportunities?
Despite the challenges, there are still games emerging in different styles, such as games that combine fun and profit, not just profit alone. Projects like Illuvium and Big Time are trying to create a fun and sustainable gaming experience, and this could be the solution that keeps the field going.
The bottom line.. Investment or bubble?
Play to Earn games have reached the peak of their popularity, but will they continue to do so? Not sure. What is clear is that the field will not die, but it is evolving, and the successful ones in it will be those who can distinguish between real projects and speculative bubbles. If you want to enter the field, you must play it right, understand each game, and know when to enter and when to exit, because easy profit is not always guaranteed!
Posted using Tribaldex Blog